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$3,200,000

Est. payment - /mo

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1.61 Acres Lot

Active

649 W Gladstone ST San Dimas, CA 91773

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV24068778

HOA Y/N No

Lot Size 1.612 Acres

Property Description

Unlock the potential of this exceptional vacant land opportunity nestled in the vibrant heart of San Dimas. Property is in a prime location at the corner of N Amelia Ave & W Gladstone St, this expansive 1.61-acre lot presents an enticing prospect for builders and investors alike.

The true value of this property lies in its development potential, with land entitlements already secured and a tentative tract map for subdivision approved. This parcel offers the drafted plans for the creation of six detached single-family homes. Each residence provides a spacious living environment, ranging from 2383 to 2597 square feet, providing ample room for comfortable modern living. Encompassing a total of over 70,000 square feet, this sizable lot presents endless possibilities. *Each lot has the capability of building a ADU adding another additional maximum of 1,000 livable square per ADU.* The most recent plans have the proposed livable square footage as 19,754.

Located a mere 0.2 miles away, Arma J. Shull Elementary School, boasts a stellar 10 rating and provides an excellent educational option for families. The bustling Glendora Marketplace is also within easy reach, offering a plethora of shopping, dining, and entertainment options just 0.8 miles away.

A small single-family house currently occupies a portion of the land, offering 2 bedrooms and 1 bathroom with approximately 750 square feet. Additionally, a liquor store building comprising approximately 1400 square feet stands on the lot.

Location

State CA

County Los Angeles

Area 689 - San Dimas

Zoning SDSFA7500*

Interior

Fireplace No

Exterior

Community Features Suburban, Sidewalks

View Y/N Yes

View Mountain(s)

Building

Lot Description 2-5 Units/Acre, 6-10 Units/Acre, Corner Lot, Lot Over 40000 Sqft, Value In Land

Water Public

New Construction No

Others

Senior Community No

Tax ID 8392020001

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by ALLEN WU ALLEN WU, BROKER 5arthur.wu@gmail.com

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